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Advisers Still Headed for More Fee Transparency
planadviser; registration may be required 
Feb. 2, 2009
Excerpt: Fee disclosure regulations did not make it into the Federal Register before the new administration stepped in, but that is not necessarily a signal for advisers to relax about fee disclosure. In general, the industry is moving toward being more disclosure-oriented, said Roberta Ufford, principal at Groom Law Group, speaking with PLANADVISER.com. One of the drivers behind the move toward transparency is a fear of litigation from participants, she said. In general, the regulatory environment is shifting toward disclosure. 'If you've been waiting for 408(b)(2) regulations to update your disclosures, stop waiting,' Ufford said .... It's still a good time to re-examine your fee disclosure.
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